Resignation of Interim Chief Financial Officer BUFFALO COAL CORP. Registration number: 001891261 External company registration number: 2011/011661/10 Share code on the TSX Venture Exchange: BUF Share code on the JSE Limited: BUC ISIN: CA1194421014 "Buffalo Coal" or "the Company" RESIGNATION OF INTERIM CHIEF FINANCIAL OFFICER TORONTO, ONTARIO – Marketwired – February 19, 2020: Buffalo Coal Corp. (TSXV: BUF; JSE: BUC) (“Buffalo Coal” or “the Company”) announces the resignation of Mr Graham du Preez as Interim Chief Financial Officer in order to pursue other endeavours. The Company would like to thank Mr du Preez for his service and wishes him all the best in the future. The board of directors of Buffalo Coal ("the Board") is finalising the process of identifying and appointing a permanent successor for Mr du Preez. The current management team will continue to focus on executing the Company's strategy. About Buffalo Coal Buffalo is a coal producer in South Africa. It holds a majority interest in two operating mines through its 100% interest in Buffalo Coal Dundee, a South African company which has a 70% interest in Zinoju. Zinoju holds a 100% interest in the Magdalena bituminous mine and the Aviemore anthracite mine in South Africa. Buffalo Coal has an experienced coal-focused management team. The Company has its primary listing on the TSX Venture Exchange (‘TSXV’) and has a secondary listing on the Alternative Exchange (‘AltX’), operated by the JSE. Buffalo Coal trades under the symbol ‘BUF’ on the TSXV and ‘BUC’ on the AltX. For further information, please contact: Craig Wiggill Chairman of the Board Email: craig@wiggill.co.uk Registered office: First Floor, Building 1, Manhattan Office Park 16 Pieter Street Highveld, Centurion 19 February 2020 Designated Advisor: Questco Corporate Advisory Proprietary Limited Date: 19-02-2020 05:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.